Do I need to prepare a 1099-NEC if I paid a contractor $4465?

[Rainman12]

Probably Yes; Any amount over $600 to a Person. Not required if a Company, and ou have their tax ID ...

[Mike9241]

not required if the business files a corporate return., for individuals and unicorporated businesses the answer is yes even if you have their tax ID number.  the fine is $50 per occurance.  you would be late in issuing the form if required. it shoulkd have been out by 1/31.